Alamos Gold Given Consensus Rating of “Buy” by Analysts (TSE:AGI)
Shares of Alamos Gold (TSE:AGI) have been given a consensus rating of “Buy” by the sixteen brokerages that are covering the stock, Analyst Ratings Net reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$13.67.
Shares of Alamos Gold (TSE:AGI) opened at 9.93 on Thursday. Alamos Gold has a 52 week low of $8.70 and a 52 week high of $17.86. The stock has a 50-day moving average of $10.40 and a 200-day moving average of $10.34. The company has a market cap of $1.265 billion and a price-to-earnings ratio of 171.03.
Alamos Gold (TSE:AGI) last released its earnings data on Friday, August 1st. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. On average, analysts predict that Alamos Gold will post $0.09 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on AGI shares. Analysts at Scotiabank upgraded shares of Alamos Gold to a “sector perform” rating in a research note on Monday, August 4th. Separately, analysts at Desjardins cut their price target on shares of Alamos Gold from C$13.00 to C$11.75 in a research note on Friday, August 1st. Finally, analysts at Cowen and Company cut their price target on shares of Alamos Gold from C$15.77 to C$15.60 in a research note on Friday, August 1st. They now have an “outperform” rating on the stock.
Alamos Gold Inc is engaged in the acquisition, exploration, development and extraction of precious metals in Mexico and Turkey.
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